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Financial
Distress signals
Property profile

787 Lexington Ave Mansfield, OH 44907

FOR SALE
Strip malls
Property ID
US66-1743616
4,042 SF 0.98 ac lot Built 1955
Last sale Dec 2023 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional single-tenant office suite, identified as Suite 311, offers 86 square feet of dedicated workspace, ideal for a sole practitioner or individual requiring a private and efficient office environment. Located within a larger building encompassing 27,768 square feet situated on a 0.982-acre lot, this space provides the perfect blend of privacy and accessibility. The suite is categorized as both a traditional and executive office, suggesting a professional and well-maintained…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$166k
Assessed land$60k
Assessed improvement$106k
Effective rate7.08%

Value estimate

· Oct 2026
$585k
$527k – $644k
AI approach$600k
NOI build-up
Gross scheduled income$24k
Vacancy & credit loss−$5k
Operating expenses−$5k
NOI · 946.27% cap applied$14k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
946.27%
$14k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionRICHLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant12.1
Law Firm11.2
Daycare Center10.0

Location

787 Lexington Ave Mansfield, OH 44907
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 17 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
875 Lexington, Mansfield, OH 44907-1945 $1,700,000 Oct 2024 10,812 SF
1344 Lexington, Mansfield, OH 44907-2616 $690,000 May 2020 17,096 SF
1251 Lexington, Mansfield, OH 44907-2666 $200,000 Dec 2019 3,528 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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